You’ve probably heard this statement written by Benjamin Franklin in 1789: “In this world, nothing can be said to be certain, except death and taxes.” Well, even taxes aren’t totally certain because Congress changes the tax code periodically....
For business owners in New Orleans and surrounding areas, understanding various financial statements is a critical part of running an effective and profitable business. From balance sheets to profit and loss statements, a business owner is tasked with making sense of...
Even if your small business is running smoothly otherwise–maybe even thriving–the fact that it is tax season, is enough to make any small business owner shudder. Indeed, even those business owners who have been keeping detailed records may feel overwhelmed...
A new acronym and a law change. The Tax Cuts and Jobs Act (TCJA) was signed into federal law in 2017 and became effective January 1, 2018. The TCJA contained the most extensive federal tax law changes in more than 30 years in order to create important benefits for...
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